European equities sink at the open today as the risk mood stays heavy

• Eurostoxx -1.5%
• Germany DAX -1.5%
• France CAC 40 -1.2%
• UK FTSE -0.6%
• Spain IBEX -1.2%
• Italy FTSE MIB -1.1%

It wasn’t so bad about an hour ago but the mood music is starting to turn more dour now. US futures are also barely holding on to gains, with S&P 500 futures up just 0.07% currently. It’s not a good look with most major indices in Europe already erasing the gains from yesterday, barring the DAX that is.

This article was written by Justin Low at www.forexlive.com.